oliphant
I Have 8 Boobies
Premium
join:2004-11-26
Corona, CA
1 edit | reply to oroper
Re: I wonder
Subsidy? I'm sure the leftists will see it that way, but not permitting this goes beyond taxing profit to taxing reinvestment. What's next, business can't write off wages? If gov't wants growth they should not be punishing investment.
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Life is good without the headache of Comcrap HSI |
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sitetest
join:2005-05-25
Davidsonville, MD
| Actually, reinvestment isn't taxed, ultimately. For capital investments and improvements made that can't be immediately written off, they may be depreciated. The advantage of the immediate write-offs is that the tax savings all come up front, rather than over the life of the depreciation schedule.
And time is money. |
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